Russia
Unconventional , Discoveries , Technology , Drilling
Exploring Riches Under The Arctic
While few parts of the Arctic are seeing an uptick in exploration activity, most countries are making slow progress.
People , Trade
Weakened Saudi Energy Minister Must Answer To Audience Of One
Saudi Energy Minister Khalid al-Falih’s loss of status puts him under new pressure to meet crown prince’s goals.
Natural Gas , Crude Oil
Lukoil's Hydrocarbon Output Rises 2.8%
Oil production, excluding the project, totaled 42.6 million tonnes for the half year, up 1.3% year-on-year.
Crude Oil
Oil Falls On Lower Demand Outlook, US-China Trade Dispute
Oil prices fell on Aug. 12 amid worries about an economic slowdown and the U.S.-China trade war, which have led to a cut in the outlook for global oil demand
Natural Gas , Legislation , International , Pipelines
Senate Panel Backs Nord Stream 2 Sanctions Bill
Bipartisan measure that reflects concern over Russian influence passes by 20-2 vote.
Legislation , International , Infrastructure , Construction , Pipelines
Nord Stream 2 Pipeline Takes EU To Court
Russia-led project contents that new gas rules endanger its business model.
Drilling
KCA Deutag’s Wins Russian Drilling Deals Worth $168 Million
Global drilling and engineering contractor KCA Deutag’s land drilling operation has won three new contracts in Russia worth approximately $168 million on July 15.
Crude Oil , Trade , International
US Oil Exports To Ukraine Deal Another Blow To Moscow
Political pressure and incidents of contaminated crude cut into Russia’s European dominance.
Crude Oil , System Integrity
Russia’s July Oil Output Falls To Near 3-Year Low
Source says that Rosneft production is off 11% in the first 8 days compared to the June average.
Crude Oil , Trade , International
OPEC Set To Extend Oil Cuts As Iran Endorses Pact
"It’s a rollover and it’s happening,” Saudi Energy Minister Khalid al-Falih, whose country is the de facto leader of OPEC, told reporters on June 30.